School for Environment and Sustainability; and Stephen M. Ross School of Business
University of Michigan@tplyon Website
Professor Lyon is a leader in using economic analysis to understand corporate environmental strategy and how it is shaped by emerging government regulations, nongovernmental organizations, and consumer demands. His current research focuses on corporate environmental information disclosure, greenwash, the causes and consequences of renewable energy policy, and voluntary programs for environmental improvement.
|Amazon’s new $15 per hour minimum wage will force other companies to follow suit.||Agree||6||“Not all firms will feel a need to follow, but Amazon has gotten a lot of attention for this. There will be increased pressure on other large, well-known companies that have a wide range of skill levels (and pay levels) within the company.”|
|Restrictions on skilled immigration will cause US firms to to shift more operations overseas.||Agree||6||“I suspect the larger effect will be to simply make U.S. firms less competitive, but we will see some offshoring among firms facing skills shortages here in the U.S.”|
|Uber has to develop self-driving cars in the next 10 years in order to remain viable.||Disagree||6||“Many other companies are working on autonomous vehicles, from Google to Ford. I’m not sure Uber has the capacity to win this game, and anyway, they can always adopt others’ successes.”|
|A trade war will be more disruptive to business than to consumers.||Agree||8||“Consumers will face price increases that will be annoying but not call for fundamental changes to their daily lives. Some businesses will actually be forced out of business — true disruption.”|
|Concern over consumer privacy will fundamentally limit businesses’ ability to use big data.||Disagree||6||“I think the barn door is open and the horse has already left.”|